Handelsbanken Fonder AB Increases Holdings in CBRE Group, Inc. $CBRE

Handelsbanken Fonder AB grew its holdings in shares of CBRE Group, Inc. (NYSE:CBREFree Report) by 11.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,961 shares of the financial services provider’s stock after purchasing an additional 6,794 shares during the quarter. Handelsbanken Fonder AB’s holdings in CBRE Group were worth $10,445,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in CBRE. Navalign LLC purchased a new stake in shares of CBRE Group during the 4th quarter valued at $29,000. Ameriflex Group Inc. purchased a new stake in shares of CBRE Group during the 3rd quarter valued at $32,000. Bank of Jackson Hole Trust bought a new position in shares of CBRE Group during the 3rd quarter worth $38,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of CBRE Group during the 4th quarter worth $42,000. Finally, SBI Securities Co. Ltd. grew its stake in shares of CBRE Group by 37.6% during the 4th quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 73 shares during the period. 98.41% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following the completion of the transaction, the chief financial officer owned 126,501 shares in the company, valued at $18,799,313.61. This trade represents a 6.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Chad J. Doellinger sold 471 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total value of $62,883.21. Following the completion of the transaction, the insider owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 12,167 shares of company stock valued at $1,757,783. 0.46% of the stock is owned by corporate insiders.

CBRE Group Stock Down 0.2%

CBRE stock opened at $130.86 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market capitalization of $38.32 billion, a price-to-earnings ratio of 29.81 and a beta of 1.28. CBRE Group, Inc. has a fifty-two week low of $118.81 and a fifty-two week high of $174.27. The stock has a fifty day moving average of $139.62 and a 200-day moving average of $151.47.

CBRE Group (NYSE:CBREGet Free Report) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The business had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter last year, the company earned $0.86 EPS. The firm’s revenue was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities research analysts predict that CBRE Group, Inc. will post 7.72 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CBRE has been the subject of several research reports. Evercore reiterated an “outperform” rating and set a $179.00 price target on shares of CBRE Group in a research note on Friday, April 24th. Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Raymond James Financial set a $180.00 price target on CBRE Group and gave the stock an “outperform” rating in a research note on Thursday, February 12th. UBS Group upgraded CBRE Group from a “neutral” rating to a “buy” rating and increased their price target for the stock from $175.00 to $185.00 in a research note on Sunday, February 22nd. Finally, Barclays increased their price target on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Nine equities research analysts have rated the stock with a Buy rating, According to MarketBeat, CBRE Group currently has a consensus rating of “Buy” and an average target price of $180.29.

Get Our Latest Report on CBRE

CBRE Group Company Profile

(Free Report)

CBRE Group, Inc is a global commercial real estate services and investment firm that provides a broad range of advisory, transactional and property-related services to occupiers, investors and owners. Its core activities include leasing and sales brokerage, facilities and property management, valuation and advisory, project and development services, and capital markets execution. The firm serves corporate occupiers, institutional investors, private owners and public entities across office, industrial, retail, multifamily and specialized property types.

In addition to traditional brokerage and management services, CBRE offers investment management capabilities and outsourced real estate solutions, combining market research, technology and data analytics to support portfolio strategy, transaction execution and asset operations.

See Also

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Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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